Hey,Thanks Mr Charles I am looking to buy properties that can generate a 1% gross monthly rents from the purchase price.

I have 3+ years experience in administrative duties and customer service.

New to real estate investing and would like to wholesale properties to generate capital for long term rental properties.What are some ways to find motivated buyers ?

I am convinced that this is deliberate action by Sherman Bridge to earn the $1,500 monthly interest as long as they can procrastinate and put my refinance off; and now having read other posts in this forum and learning that it's the normal way they do business with so many other customers I can see that they sell this hard money to permanent financing loan combination as a dangling carrot really since it's oh so clear Sherman Bridge never intended to process the refinance in a timely manner to begin with.

There are some code issues that you'd want to be aware of (e.g. the neighbors need to be OK with it) but otherwise it's another way to generate cashflow from an existing plot of land.  

Wholesale a deal or two first and generate that CASH.

This will generate probably 90 calls and some decent activity.

I like the strategy of the long term tenant during the slow season...if that is the best you can get for the area and time of year.If you are able to generate the $130 per night during the peak season - that would bring in $12,675 at a 65% occupancy rate ($130x98) (there are approximately 150 high season nights) but you are only bringing in just over $8600.So it sounds to me like you need to focus on your short term rental occupancy rate and maybe make a rate adjustment.  

Thi Huyhn a lot of the people on BP are active investors able to generate 20-40% irr.

I am very good with customer service, administrative work, and communication.